SPOTIFY TECHNOLOGY SA (SPOT)
LU1778762911 - Common Stock
Taking everything into account, SPOT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SPOT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SPOT is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, SPOT also shows a nice and consistent pattern of rising prices.
SPOT is one of the better performing stocks in the Entertainment industry, it outperforms 97% of 72 stocks in the same industry.
SPOT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SPOT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SPOT has an average volume of 2035930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SPOT has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
358.47
475.41
We found 4 important support areas.
- A support zone ranging from 449.24 to 454.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 388.85 to 395.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @373.08 from a trend line in the daily time frame.
- Support @362.09 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.07
Mansfield4.21
10 Day High489.69
10 Day Low397.33
20 Day High489.69
20 Day Low376
52 Week High489.69
52 Week Low179.66
Performance
1 Week-1.42%
2 Weeks17.72%
1 Month24.9%
3 Month37.43%
6 Month52.75%
12 Month159.05%
2 Year492.67%
3 Year97.36%
5 Year230.2%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)5.51
RSI(14)74.52
LBB359.65
UBB503.74
SPOTIFY TECHNOLOGY SA
NYSE:SPOT (11/21/2024, 8:04:00 PM)
After market: 471.99 +1.29 (+0.27%)470.7
+0.69 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.15%
1 Week-1.42%
2 Weeks17.72%
1 Month24.9%
3 Month37.43%
6 Month52.75%
12 Month159.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)15.27
ATR(20)%2.88%
ATR Inc
Range Today8.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High489.69
10 Day Low397.33
20 Day High489.69
20 Day Low376
52 Week High489.69
52 Week Low179.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.18M
Volume Incr3.45%
Vol(5)2.67M
Vol(50)2.04M